Tech Company Financing Transactions

Root Insurance Funding Round

Root Insurance, based in Columbus, secured $350 million in investment from Coatue Management, DST Global and Drive Capital.

Transaction Overview

Company Name
Announced On
8/20/2019
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Series E
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Publicly-held
Industry
InsureTech
Mailing Address
80 E Rich St. 500
Columbus, OH 43215
USA
Email Address
Overview
Root (Nasdaq: ROOT) is the first insurance company founded on the principle of fundamental fairness. We create personalized products that give good drivers the protection they deserve.
Profile
Root Insurance LinkedIn Company Profile
Social Media
Root Insurance Company Twitter Account
Company News
Root Insurance News
Facebook
Root Insurance on Facebook
YouTube
Root Insurance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alex Timm
  Alex Timm LinkedIn Profile  Alex Timm Twitter Account  Alex Timm News  Alex Timm on Facebook
Chief Marketing Officer
Kelly Ruoff
  Kelly Ruoff LinkedIn Profile  Kelly Ruoff Twitter Account  Kelly Ruoff News  Kelly Ruoff on Facebook
Chief Scientific Officer
David Martin
  David Martin LinkedIn Profile  David Martin Twitter Account  David Martin News  David Martin on Facebook
Chief Technical Officer
Daniel Manges
  Daniel Manges LinkedIn Profile  Daniel Manges Twitter Account  Daniel Manges News  Daniel Manges on Facebook
VP - Bus. Development
Kumi Walker
  Kumi Walker LinkedIn Profile  Kumi Walker Twitter Account  Kumi Walker News  Kumi Walker on Facebook
VP - Product Management
Lauren Gruenebaum
  Lauren Gruenebaum LinkedIn Profile  Lauren Gruenebaum Twitter Account  Lauren Gruenebaum News  Lauren Gruenebaum on Facebook
VP - R & D
Hemal Shah
  Hemal Shah LinkedIn Profile  Hemal Shah Twitter Account  Hemal Shah News  Hemal Shah on Facebook


 

 

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